Wells Fargo

Wells Fargo & Company is an American international banking and financial services holding company headquartered in San Francisco, California. The bank was founded by Henry Wells and William G. Fargo on 18 March 1852 in New York City, New York, and it became the world's second-largest bank by market capitalization and the third-largest bank in the United States by assets. The bank slipped behind JP Morgan Chase as largest bank by market capitalization in the wake of a scandal involving the creation of over 2 million fake bank accounts by Wells Fargo employees. As of 31 December 2015, Wells Fargo had 8,700 retail branches and 13,000 ATMs, operated across 35 countries with over 70 million customers, and had 268,800 employees.